Tag Archives: Fannie Mae

FHFA reported that the GSEs expect to meet the GSES' goals for the implementation of the first use of the CSP software later this year and for using the CSP to issue Single Securities in 2018.

According to Fannie Mae, lenders can now rely upon existing policy when determining whether a loan is eligible for delivery under a refinance transaction or as a modified mortgage loan.

The goal of the FHFA's non-performing loan sales is to help borrowers avoid foreclosure. But the Agency's report indicated that the majority of NPLs sold by the GSEs have not achieved any outcome at all.

Having fallen below its 2016 cap of $339.3 billion in March, Fannie Mae’s gross mortgage portfolio contracted further in both April and May.

Fannie Mae has put its fourth Community Impact Pool for sale via auction—a smaller pool of geographically-focused, high occupancy loans marketed specifically for participation from non-profits and MWOBs.

It appears GSE reform may actually be on the horizon—or at least discussed regularly in Washington—thanks to a new bill proposed by Congressman French Hill (R-Arkansas).

According to the inspector general's report, FHFA originally expected the project to cost around $115 million.

What solutions have Fannie Mae and Freddie Mac offered to HAMP borrowers facing higher monthly payments due to resets?

Fannie Mae has appointed GE Capital executive J. Douglas Watt as SVP and chief audit executive effective July 11.

Would a proposal to replace Fannie Mae and Freddie Mac with a corporation gain the support it needs from private investors?